Retail industry

How to reduce paper losses

Article Abstract:

All UK companies are required by law to maintain a register of shareholders, so it is not necessarily a serious problem if you lose a share certificate. If this does happen, you should first write to the company or the registrar responsible for the company's register of shareholders. This will usually be one of the large banks. It is important to provide as many details as possible, including the category of share, the serial number of the certificate and the name in which the shares are registered. There will generally be a charge for issuing a duplicate share certificate.

Fixed rates won the race if you started in 1991. But things are different now

Article Abstract:

People who invested in a Tessa with a fixed rate of interest when these savings accounts first became available in 1991 have done better than those who chose an account with a variable rate of interest, as interest rates have fallen considerably over recent years. There are indications that interest rates could fall further as the economy slows down. However, this may not remain the case in the long term, and a variable rate account may be worth considering.

Doubling the shares doesn't double the money

Article Abstract:

A scrip issue involves existing shareholders in a company receiving additional shares. In a one-for-one scrip issue, this would mean that each shareholder's holding in the company doubles. In most cases, scrip issues are made because a company's shares are regarded as expensive. Doubling the number of shares will halve the share price, thus attracting new investors. It is also possible that the share price will rise slightly.